digital products downloads

US trade court blocks Donald Trump from imposing sweeping global tariffs – claiming he exceeded his authority

US trade court blocks Donald Trump from imposing sweeping global tariffs – claiming he exceeded his authority


A trade court in the US has blocked Donald Trump from imposing sweeping global tariffs on imports.

A three-judge panel concluded that the US president exceeded his authority when he unveiled additional taxes on foreign-made goods.

Tariffs must be typically approved by Congress – but Trump has argued he had power to act because it was a national emergency.

The controversial measures unveiled on “Liberation Day” in April, which included a 10% tariff on UK imports, caused aggressive sell-offs in the stock market.

Minutes after the Court of International Trade delivered its ruling, the Trump administration filed a notice of appeal.

This breaking news story is being updated and more details will be published shortly.

Please refresh the page for the fullest version.

You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.

Doonited Affiliated: Syndicate News Hunt

This report has been published as part of an auto-generated syndicated wire feed. Except for the headline, the content has not been modified or edited by Doonited

Source link

Uniq Art Store India

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Uttarakhand News Doonited
Social media & sharing icons powered by UltimatelySocial
Instagram
WhatsApp